CES 2019: Intel working with Facebook on AI chip coming later this year

LAS VEGAS, NEVADA - JANUARY 07: Intel Vice President and General Manager Global Communications Group Laura Anderson exits the stage after speaking at an Intel press event for CES 2019 at the Mandalay Bay Convention Center on January 7, 2019 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs from January 8-11 and features about 4,500 exhibitors showing off their latest products and services to more than 180,000 attendees. David Becker/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Intel Corp said on Jan 7 at the Consumer Electronics Show in Las Vegas that it is working with Facebook Inc to finish a new artificial intelligence chip in the second half of this year.

The chips are Intel's gambit to retain hold of a fast-growing segment of the artificial intelligence computing market but will face competition from similar chips from Nvidia Corp and Amazon.com Inc's Amazon Web Services unit.